Do I need to refinance?

When refinancing isn’t the best option.

Sometimes people come to me and ask for a refinance, but they’re basically happy with their lender and they really just want to borrow a little more money.

If this is the case, and the lender is competitive then we can look at increasing your loan where you are – and hopefully get a little bit of an interest saving at the same time.

The process itself looks a lot like a refinance, you’re supplying most of the same documents, but you’ll save on some of the costs like government charges & legal costs to exit your current loan.

So before you refinance make sure your broker looks at what’s really best for you, simple.